Uipath: Daniel Dines and M. Tiraca’s Romania based RPA start-up that became Romania’s first unicorn
UiPath is a Romania based start-up that valued at a 1 billion US dollar company. With this, it became Romania’s first-ever company to marked as Unicorn. However, to achieve this success has been not a cakewalk for the company. The company had faced many challenges and rise a leader of the Robotic Process Automation(RPA) market globally.
A Romanian start-up, UiPath’s growth in size as well as in value is massive. The company that today is known as a global leader of RPA software provider has been set up in 2015 by Daniel Dines and Marius Tiraca. Let’s see the journey of Uipath to thrive as a global player from Romania based start-up.
Uipath Establishment’s History
In 2012, Daniel and Marius, who are software developers began to work in training as well as arranging software robots. However, they initiated Robotic Process Automation with the establishment of UiPath in 2015 in Bucharest. The company is set up on the foundation of the DeskOver. As a matter of fact, Uipath’s RPA journey began with Dell and Sutherland. After that, the company builds a network with many IT consultancies and a global BPO firm. Includes, Cognizant, Symphony, Genfour, Capgemini, etc. Uipath started thriving impeccably since 2017.
In the same year, the company open new locations around the world as well as scaling up the team. Presently, Uipath has several offices across the continents including Tokyo, Australia, Paris, Singapore, etc. Also, the firm started UiPath Academy that allows thousands of trainers globally to train with its RPA platform.
About the Company
Uipath is a Romania based start-up that turns out as a leading RPA (Robotic Process Automation platform) in a short duration. Today, it’s significantly known on the international level for its best enterprise RPA solution. The firm basically had built for business as well as IT.
However, Uipath acquired 1800 plus customers that use its RPA platform. In addition, government agencies also prefer Uipath solution to deploy software robots. It’s a solution to deploy software robots that match and execute monotonous processes perfectly offer many benefits. Such as business productivity can be boosted, ensure compliance, as well as improvised customer experience.
All know that RPA is future as well, has great potential to change the business. Thus, Uipath directing this potential with programs and innovative technology.
Other Social works
Uipath based on the belief that in the digital era, all must have the skills to survive in the future especially, children. Children who are living in poverty are struggling to get a basic education. In such a case, they are definitely not prepared for the future without digital education. So, as an adult, these children would be way back to fulfill the requirements of society in the digital era. Thus, the firm is on a mission to nurturing the potential of children who belongs to underprivileged families.
Founders in Limelight
Daniel Dines- UiPath’s CEO & Founder
He is an excellent developer and the main owner of SQL Agent for the SQL Server 2005 release. Also, he personally designed and implemented several key component features. In 2015, he co-founded an RPA venture known as Uipath. Presently, he is serving as the CEO of the company. However, he worked earlier with Microsoft, Crinsoft, etc.
Daniel attended Universitatea din Bucuresti for studying Mathematics and Computer science from 1990 to 1997.
Marius Tiraca
He is working as a CTO at the global leader of RPA software provider well-known as Uipath. In 2015, he set up the company along with Daniel. Also, he is the co-founded Deskover in 2012. As well, he served as a head of Engineering at BizSpark Startup. Before jumping into entrepreneurship, Marius worked as a software engineer at Progression Technologies. Coming to Tiraca’s education, he attended Politehnica University, Bucharest for studying computer science.
Triumph of Uipath
The firm has honored many titles which include a Global Leader and Star Performer in RPA as per the Everest Group. Also, Forrester honored it as an RPA Industry Leader. In 2018, the Everest group again named the firm as a Global Leader and Star Performer. Hence, the firm became first to receive the title two years consecutively. Apart from that, being a 1 billion US dollar company, it became Romania’s first Unicorn.
Later Successes
Currently, UiPath has a global RPA developer network of 250,000+ members. However, the firm is all set to democratize RPA to support the digital revolution in business.
Jayshri is an Electronics Engineer, but her passion towards writing made her to be in this field. Apart from content writing, she loves reading, writing and surfing on various topics. In her free time, she likes to watch TV series and news. Sherlock Holmes is her all time favorite show. Jayshri loves cooking various Indian-western dishes.